Invst LLC Buys 630 Shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

Invst LLC raised its stake in shares of iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) by 3.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 17,461 shares of the company’s stock after purchasing an additional 630 shares during the period. Invst LLC’s holdings in iShares Fallen Angels USD Bond ETF were worth $454,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Sunbelt Securities Inc. lifted its position in shares of iShares Fallen Angels USD Bond ETF by 11.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 26,063 shares of the company’s stock valued at $683,000 after buying an additional 2,575 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Fallen Angels USD Bond ETF by 78.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,435 shares of the company’s stock valued at $483,000 after purchasing an additional 8,133 shares in the last quarter. Creative Planning boosted its position in shares of iShares Fallen Angels USD Bond ETF by 4.5% in the second quarter. Creative Planning now owns 459,991 shares of the company’s stock worth $12,047,000 after purchasing an additional 19,809 shares during the period. Drucker Wealth 3.0 LLC purchased a new stake in shares of iShares Fallen Angels USD Bond ETF in the second quarter worth $341,000. Finally, SigFig Wealth Management LLC raised its position in shares of iShares Fallen Angels USD Bond ETF by 13.0% during the 2nd quarter. SigFig Wealth Management LLC now owns 8,485 shares of the company’s stock valued at $222,000 after purchasing an additional 977 shares during the period.

iShares Fallen Angels USD Bond ETF Stock Down 0.3 %

Shares of iShares Fallen Angels USD Bond ETF stock opened at $27.34 on Tuesday. iShares Fallen Angels USD Bond ETF has a fifty-two week low of $24.12 and a fifty-two week high of $27.43. The company has a fifty day moving average of $26.97 and a 200 day moving average of $26.62.

iShares Fallen Angels USD Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1348 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares Fallen Angels USD Bond ETF Profile

The iShares Fallen Angels USD Bond ETF (FALN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value weighted index of bonds that were rated investment grade at issuance, but later downgraded to sub-investment grade. FALN was launched on Jun 14, 2016 and is managed by BlackRock.